News for 'Economy'

Consistent Bhuvneshwar Kumar reaches new milestone

Consistent Bhuvneshwar Kumar reaches new milestone

Rediff.com1 May 2026

Bhuvneshwar Kumar becomes the first Indian pacer to take 350 T20 wickets, achieving the milestone during RCB's IPL 2026 clash against Gujarat Titans.

How India's Digital Infrastructure Can Boost GDP By 2030

How India's Digital Infrastructure Can Boost GDP By 2030

Rediff.com27 Apr 2026

A NITI Aayog report indicates that India's digital public infrastructure (DPI) initiatives could contribute 4 per cent of the GDP by 2030, a significant increase from the current 1 per cent.

'No more Mr. Nice Guy': Trump warns Iran with a gun

'No more Mr. Nice Guy': Trump warns Iran with a gun

Rediff.com29 Apr 2026

Donald Trump has issued a stern warning to Iran, stating that the US will take a tougher stance if a diplomatic resolution regarding its nuclear programme is not reached soon.

Maharashtra Minister Accuses AIMIM Leader Over Shelter To Accused

Maharashtra Minister Accuses AIMIM Leader Over Shelter To Accused

Rediff.com12 May 2026

Maharashtra minister Sanjay Shirsat has accused AIMIM corporator Matin Patel of double standards for allegedly harbouring Nida Khan, who is accused in a Nashik TCS sexual harassment and forced conversion case.

2 more chip packing units to come up by December: Vaishnaw

2 more chip packing units to come up by December: Vaishnaw

Rediff.com12 May 2026

Union Minister Ashwini Vaishnaw announced that two more semiconductor chip packaging units, part of the India Semiconductor Mission, are expected to be operational by July and December, respectively. He also highlighted India's focus on becoming a beneficiary of AI technology, expanding data centre infrastructure with significant investments, and developing new subsea cable networks for global connectivity.

In UAE, Modi offers help to end West Asia crisis

In UAE, Modi offers help to end West Asia crisis

Rediff.com15 May 2026

Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.

Netas Walk Modi's Talk On Austerity

Netas Walk Modi's Talk On Austerity

Rediff.com20 May 2026

In response to Prime Minister Narendra Modi's call for austerity, political leaders are reducing convoys and promoting public transport to conserve fuel.

RCB Aim To Seal Playoff Spot Against Struggling Punjab Kings

RCB Aim To Seal Playoff Spot Against Struggling Punjab Kings

Rediff.com16 May 2026

Royal Challengers Bengaluru will aim to exploit Punjab Kings' bowling vulnerabilities to secure a playoff berth in the Indian Premier League. Virat Kohli's presence is a major draw for fans in Dharamsala.

Air India plans to complete B787-8 retrofit by Q1 2028

Air India plans to complete B787-8 retrofit by Q1 2028

Rediff.com20 Apr 2026

Air India is undertaking a $400 million programme to modernise its legacy fleet, with plans to complete the retrofit of its entire Boeing 787-8 fleet by the first quarter of 2028 and its Boeing 777 fleet by 2029.

When Trump Met Xi: Check Out The Body Language

When Trump Met Xi: Check Out The Body Language

Rediff.com14 May 2026

US President Donald Trump and Chinese President Xi Jinping began a crucial two-day summit in Beijing on Thursday, with both leaders signalling a desire to stabilise relations between the world's two biggest economies despite deep disagreements on trade, Taiwan, technology and security issues.

Gold, silver sell at huge discount after tariff hike

Gold, silver sell at huge discount after tariff hike

Rediff.com15 May 2026

Despite a sharp increase in import duties on gold and silver to 15 per cent, the precious metals are trading at significant discounts in the domestic market, with gold seeing discounts of up to $200 an ounce and silver up to $6 an ounce.

ED probes Christian group over foreign card cash deals in Maoist areas

ED probes Christian group over foreign card cash deals in Maoist areas

Rediff.com25 Apr 2026

The Enforcement Directorate (ED) is investigating the use of foreign debit cards by a global Christian mission to withdraw crores of rupees in Naxal violence-hit regions of India. Searches were conducted in multiple states, and foreign debit cards, cash, and digital devices were seized.

'Mark Mobius Saw India's Rise Before Other Investors'

'Mark Mobius Saw India's Rise Before Other Investors'

Rediff.com17 Apr 2026

'Mark Mobius's life was dedicated to investing.'

Starmer Expresses Relief After Shooting Near Trump

Starmer Expresses Relief After Shooting Near Trump

Rediff.com26 Apr 2026

British Prime Minister Keir Starmer contacted US President Donald Trump to express his relief following a shooting incident near the White House Correspondents Dinner. The leaders also discussed the need to restore freedom of navigation in the Strait of Hormuz.

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Governor Ravi Urges Collective Effort to Restore West Bengal's Glory

Rediff.com15 Apr 2026

West Bengal Governor RN Ravi has called for collective efforts to restore the state's past glory, highlighting concerns over economic and educational indicators. His remarks coincided with Chief Minister Mamata Banerjee criticising him for allegedly 'abusing' her instead of extending New Year greetings.

BRICS meet in India from Thursday on West Asia; Iran to attend, China skips

BRICS meet in India from Thursday on West Asia; Iran to attend, China skips

Rediff.com12 May 2026

The escalating crisis in West Asia and its impact on the global energy supply chain are expected to dominate deliberations at a two-day meeting of BRICS foreign ministers to be hosted by India.

Want A Credit Card? Read This

Want A Credit Card? Read This

Rediff.com6 May 2026

'First-time applicants may witness longer approval times or higher rejection rates and requests for more documentation.'

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Iranian FM Araghchi arrives in India for BRICS summit; to meet Jaishankar

Rediff.com14 May 2026

Iranian Foreign Minister Abbas Araghchi is in India for a BRICS foreign ministers' meeting, where discussions will focus on the escalating crisis in West Asia and its impact on global energy supply chains.

WFH, no gold purchases, foreign travel, reduce fuel use: Modi calls for Covid-era methods

WFH, no gold purchases, foreign travel, reduce fuel use: Modi calls for Covid-era methods

Rediff.com11 May 2026

Prime Minister Narendra Modi has urged for restraint in the use of petro products due to the West Asia crisis, emphasising the need to save foreign exchange and reduce the impact of war. He also highlighted India's progress in solar power and ethanol blending, while assuring support to Telangana's development.

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

West Asia Tensions Begin Disrupting India's Auto Supply Chain, Margins

Rediff.com18 May 2026

Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

NITI Aayog Member Gauba Outlines Sweeping Deregulation to Boost Ease of Doing Business

Rediff.com13 May 2026

NITI Aayog Member Rajiv Gauba has detailed an extensive deregulation agenda, moving India towards a 'permitted unless prohibited' principle to dismantle new forms of the Licence Raj and clear 'regulatory cholesterol' for businesses.

What Is The Thucydides Trap That Xi Warned Trump About?

What Is The Thucydides Trap That Xi Warned Trump About?

Rediff.com14 May 2026

An explainer on the 'Thucydides Trap' and its relevance to current tensions between the United States and China, as discussed by President Xi Jinping.

IPL 2026: Dwayne Bravo drops big truth on Varun's season

IPL 2026: Dwayne Bravo drops big truth on Varun's season

Rediff.com7 May 2026

Kolkata Knight Riders bowling coach Dwayne Bravo credits the franchise's unwavering support for Varun Chakravarthy's return to form in the IPL, emphasising the importance of mental recovery and strategic thinking in T20 cricket.

IPL 2026: 'Something doesn't look right': Ashwin on Hardik Pandya

IPL 2026: 'Something doesn't look right': Ashwin on Hardik Pandya

Rediff.com15 May 2026

Ravichandran Ashwin defends Hardik Pandya's captaincy of the Mumbai Indians, stating that blaming him for the team's poor performance is unfair as the entire team failed to perform. Ashwin also highlights the social media scrutiny Hardik faced upon replacing Rohit Sharma as captain and raises concerns about Hardik's physical fitness affecting his batting.

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

2026 will be a historic, landmark year for China-US ties, Xi tells Trump

Rediff.com14 May 2026

US President Donald Trump met with Chinese President Xi Jinping in Beijing to discuss trade, technology, Taiwan, and the Iran war. Xi Jinping said that 2026 will be a 'historic, landmark year' for China-US relations.

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Why Trump Enforced A Naval Blockade In Strait Of Hormuz

Rediff.com25 Apr 2026

The US blockade on Iranian ports is aimed to curb Iranian energy exports, thereby crippling its economy to force Iran back to the negotiating table, points out Commodore Venugopal Menon (retd).

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Pak gets 2nd tranche of $1bn loan from Saudi Arabia

Rediff.com21 Apr 2026

Pakistan has received the second and final tranche of USD 1 billion from Saudi Arabia, completing a USD 3 billion aid package aimed at boosting its foreign reserves, the state bank said.

Second Edition of Rugby Premier League to be Held in Hyderabad

Second Edition of Rugby Premier League to be Held in Hyderabad

Rediff.com6 Apr 2026

The second edition of the Rugby Premier League (RPL) will be held in Hyderabad from June 16 to 28, featuring the Rugby 7s format and six franchises from the inaugural season.

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Indian Markets Extend Losses as Crude Oil Breaches $100 Amid US-Iran Standoff

Rediff.com23 Apr 2026

Indian stock markets experienced a second consecutive day of losses, with the Sensex tumbling 852 points, as crude oil prices surpassed USD 100 per barrel due to stalled US-Iran negotiations and escalating geopolitical tensions in West Asia.

Bhutan's Huge Crypto Gamble, India And China Watching

Bhutan's Huge Crypto Gamble, India And China Watching

Rediff.com16 Apr 2026

Is Bhutan merely experimenting with digital finance -- or is the Himalayan kingdom punching far above its weight, quietly playing one of the most sophisticated strategic games in Asia today? asks Varun Arya.

Why The UPSC Is India's Most Competitive Exam

Why The UPSC Is India's Most Competitive Exam

Rediff.com18 May 2026

rediffGURU Nayagam PP, career counsellor and founder of EduJob360 explains why cracking the UPSC exam is a dream for lakhs of young Indians.

Will China Now Attack Taiwan?

Will China Now Attack Taiwan?

Rediff.com19 May 2026

Chinese leaders, including its generals, will have to weigh whether they can win a war if they ever attack Taiwan and if at all, can they sustain the subsequent devastation, notes Rup Narayan Das.

Air India Unveils First Refurbished Boeing 787-8 After $400M Investment

Air India Unveils First Refurbished Boeing 787-8 After $400M Investment

Rediff.com13 Apr 2026

Air India's first refurbished Boeing 787-8 aircraft has landed in Delhi, marking a milestone in the airline's USD 400 million investment plan to upgrade its wide-body fleet. The aircraft features comprehensive interior upgrades, including new seats and in-flight entertainment systems.

Modi embarks on five-nation tour; energy security, trade in focus

Modi embarks on five-nation tour; energy security, trade in focus

Rediff.com15 May 2026

Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.

Indian E-Commerce Market Poised for Massive Growth by 2030

Indian E-Commerce Market Poised for Massive Growth by 2030

Rediff.com7 Apr 2026

A new report by Google and Deloitte projects India's e-commerce market will nearly triple to USD 250 billion by 2030, driven by Gen Z shoppers, quick commerce expansion, and AI.

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Stock Markets Today: Sensex, Nifty Tumble as West Asia Conflict & PM Modi's Austerity Appeal Spook Investors

Rediff.com11 May 2026

Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.

Trump, Xi hold talks in the 'biggest summit ever'

Trump, Xi hold talks in the 'biggest summit ever'

Rediff.com14 May 2026

US President Donald Trump and Chinese President Xi Jinping met in Beijing to discuss a range of issues, including trade frictions and the war in Iran.

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

ICICI Bank's Q4 consolidated net profit rises 9.28% to Rs 14,755 crore

Rediff.com18 Apr 2026

ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Indian Equities Surge as Crude Oil Prices Drop, Iran-US Peace Hopes Rise

Rediff.com21 Apr 2026

Indian stock markets extended their gains for a third consecutive day, with the Sensex climbing 753 points and the Nifty closing above 24,550, driven by a drop in crude oil prices and optimism surrounding potential peace talks between Iran and the US.

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Iran seeks India's help on West Asia, flags UAE hurdle in BRICS

Rediff.com13 May 2026

Iranian Deputy Foreign Minister Kazem Gharibabadi has urged India to take the lead in bringing peace to West Asia, highlighting the UAE's role in stalling BRICS consensus on the conflict. Gharibabadi also discussed a new framework with Oman for merchant vessels passing through the Strait of Hormuz.